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The Singapore Exchange was hit by a technical glitch that delayed derivatives trading for a few hours, but the exchange operator said it has resolved the issue. "The derivatives trading market is now open for trading in all contracts," according to SGX. "We will continue to monitor the system closely."

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Singapore Exchange endured two trading disruptions in late 2014, prompting it to improve technology. "SGX will also implement a moratorium on any increase to securities and derivatives market fees," according to the bourse. "This moratorium will only be lifted when SGX has satisfied [the Monetary Authority of Singapore] that it has met its obligations under MAS' directive."

Hedge funds and other financial firms have resumed use of iron-ore derivatives after the Commodity Futures Trading Commission and Singapore Exchange removed regulatory obstacles. "Several of the U.S.-based financial institutions feel the path has now been cleared to trade through SGX again," said Kerry Deal of Jefferies Hong Kong.

Singapore Exchange is moving ahead with its Reach project by opening a center to house trading, market data and clearing infrastructure. The center also will offer co-location facilities. SGX is also working on developing the fastest equity-trading engine in the world. "Our Reach technology initiative reinforces our position as the Asian gateway," said Tinku Gupta, senior vice president at SGX.

Skandinaviska Enskilda Banken is the first clearing and trading member of Singapore Exchange's derivatives market from the Nordic region. The market has 32 trading members and 36 clearing members. "We are pleased that SEB has joined our derivatives market as our first Nordic member," said Gan Seow Ann, president of SGX. "This is the first Asian exchange membership for SEB, and we are especially proud that the bank has chosen SGX -- the Asian gateway."